💥 BREAKING NEWS! Trump has 4 candidates for Jerome Powell's successor. And one of them is a rate hawk!
President Donald Trump is ready to shake up Federal Reserve (Fed) policy. He has confirmed that he has a short list of four candidates to replace Fed Chair Jerome Powell in 2026.
Who are the names that could change the course of the markets? 📉📈
The confirmed names causing a stir:
* Kevin Warsh: A former Fed governor known for his restrictive stance, a "hawk" who could tighten monetary policy.
* Kevin Hassett: His current director of the National Economic Council, who could also be a surprising choice.
Trump did not reveal the other two names, but made it clear that the current Treasury Secretary, Scott Bessent, is not in the running.
Why does this matter for your crypto portfolio?
Trump has criticized Powell for months for not lowering interest rates. Now, with a vacant seat on the Fed board and the presidency at stake, the president has the opportunity to appoint people who favor aggressive rate cuts.
A shift towards more flexible monetary policy could be the fuel that the crypto market needs for a new bull run. Lower interest rates usually mean more capital flowing into risk assets like Bitcoin and altcoins.
Additionally, the early departure of Adriana Kugler from the Fed board gives Trump a second appointment, further strengthening his ability to shape the future of interest rates!
Do you think a new Fed chair more friendly to rate cuts could trigger the next big crypto rally?
